Text size

Eurostat: Bulgaria ranks second in EU in labour costs growth

published on 12/19/22 9:25 PM

Photo: Archive

Hungary and Bulgaria are the EU countries with the largest increase in hourly wage costs in the third quarter of 2022. This is according to data from the EU statistics office Eurostat.

Compared with the same quarter of the previous year, the highest increases in hourly wage costs were recorded in Hungary (+16.6%) and Bulgaria (+16.3%). Nominal hourly labour costs in the second quarter of 2022 was 14.6%, and in the first quarter - 12.7%.

At the same time, wages in Bulgaria for 2021 are the lowest in the European Union, according to Eurostat.

Последвайте ни и в Google News Showcase, за да научите най-важното от деня!

Radio Bulgaria News Bulgaria Eurostat hourly wage costs Hungary largest increase

More from category

MPs face seventh failed attempt to elect Parliamentary Speaker

In a record-long session lasting 18 days, Bulgarian MPs made a seventh failed attempt to elect a speaker of the National Assembly. After several breaks and a re-vote for the oldest MP, Silvi Kirilov from “There Is Such a People" (ITN), only a few..

published on 11/28/24 3:26 PM

Delyan Peevski says he can form a cabinet if given the opportunity

The leader of “МРФ – New Beginning” Delyan Peevski has expressed his readiness to take the post of prime minister. “When we are the first party, I will form a government,” he said on the sidelines of the National Assembly. “If the Bulgarians give..

published on 11/28/24 2:51 PM

Boyko Borisov: There is no chance for GERB-SDS, PP-DB, BSP-United Left and ITN to form a cabinet

The chairman of GERB Boyko Borisov once again stated that the winning formula for forming a regular government is for it to be supported by GERB-SDS, “We Continue the Change – Democratic Bulgaria”, “BSP – United Left” and ITN. However, he clarified that..

published on 11/28/24 2:42 PM